- DOGE’s price performed better as DOT became relatively stable.
- Increasing bullish momentum could drive DOT toward $10.
隨著DOT變得相對穩定,DOGE的價格表現更好。
看漲勢頭的增強可能會將 DOT 推向 10 美元。
Despite being three places lower than Dogecoin [DOGE] per market cap, liquidity in the Polkadot [DOT] ecosystem has become higher than the former.
儘管市值比狗狗幣 [DOGE] 低三位,但 Polkadot [DOT] 生態系統的流動性已高於前者。
According to CoinMarketCap, DOT’s liquidity score on Binance was 760. DOGE, on the other hand, had a score of 731.
根據 CoinMarketCap 的數據,DOT 在幣安上的流動性得分為 760。另一方面,DOGE 的得分為 731。
The liquidity score in the cryptocurrency market ranges from zero to 1000. A perfect score of 1000 implies that the market has low slippage.
加密貨幣市場的流動性評分範圍從0到1000。滿分1000意味著市場滑點較低。
In this instance, the asset in question is less volatile, and the order size on the buy and sell side could be up to $200,000.
在這種情況下,相關資產的波動性較小,買方和賣方的訂單規模可能高達 20 萬美元。
More for DOGE, less for DOT
DOGE 較多,DOT 較少
On the other hand, a liquidity score of zero implies that traders are speculating a wide buy and sell price, indicating high volatility. The disparity in liquidity seems to have affected the price of DOGE and DOT.
另一方面,流動性得分為零意味著交易者正在猜測廣泛的買賣價格,表明波動性較高。流動性的差異似乎影響了 DOGE 和 DOT 的價格。
Previously, AMBCrypto reported how Dogecoin’s price has been relatively stable for a while.
此前,AMBCrypto 曾報告狗狗幣的價格在一段時間內相對穩定。
However, the last 24 hours have seen the value climb by almost 4.97%. This implies that the coin seems to be returning to its highly volatile state last recorded in 2021.
然而,過去 24 小時內價值上漲了近 4.97%。這意味著該代幣似乎正在回到 2021 年上次記錄的高度波動。
Like DOGE, the price of the Polkadot token increased. But its performance within the same period was about less than half compared to Dogecoin.
與 DOGE 一樣,Polkadot 代幣的價格也上漲了。但其同期表現與狗狗幣相比約不到一半。
A look at on-chain data showed that DOT’s volume significantly increased over the last three days. The increase in volume suggests that more traders had been involved in buying and selling DOT.
鏈上數據顯示,過去三天 DOT 的交易量顯著增加。交易量的增加表明有更多的交易者參與了 DOT 的買賣。
Between the 24th and 25th of February, the volume declined, indicating winding interest in the token.
2 月 24 日至 25 日期間,交易量下降,顯示人們對該代幣的興趣逐漸減弱。
AMBCrypto’s assessment of DOT’s price in the last hour showed that it had stalled. An increasing volume and stalling price action might not be good news for a cryptocurrency’s potential rise.
AMBCrypto 對過去一小時 DOT 價格的評估表明,它已經陷入停滯。交易量增加和物價走勢停滯對於加密貨幣的潛在上漲可能不是好消息。
Instead, it implies that the upswing had become weak, and the value might continue to fall.
相反,它意味著上漲已經減弱,價值可能會繼續下跌。
Bulls set to change DOT’s status
公牛隊將改變 DOT 的地位
Polkadot’s price at press time was $8.25. With this in place, it was likely for it to drop below the $8 region. But we can’t be certain unless we check the technical perspective.
截至發稿時,Polkadot 的價格為 8.25 美元。有了這個,它很可能會跌破 8 美元區域。但除非我們從技術角度檢查,否則我們無法確定。
According to the DOT/USD chart, the token went through a consolidation phase between the 20th and 24th of February. During that time, the price moved between $7.30 and $7.65.
根據 DOT/USD 圖表,該代幣在 2 月 20 日至 24 日之間經歷了盤整階段。在此期間,價格在 7.30 美元至 7.65 美元之間波動。
However, bulls were able to build support around $7.56 where the 0.618 Fibonacci retracement was located.
然而,多頭能夠在 0.618 斐波那契回檔位所在的 7.56 美元附近建立支撐。
With increased buying pressure, DOT breached the $7.90 resistance as the price climbed above $8 later. As of this writing, the Relative Strength Index (RSI) was 64.75, indicating that buyers were still present.
隨著購買壓力的增加,DOT 突破了 7.90 美元的阻力位,隨後價格攀升至 8 美元以上。截至撰寫本文時,相對強弱指數 (RSI) 為 64.75,表示買家仍然存在。
Previously, the RSI hit an overbought region as its reading crossed 70.00. This caused DOT’s price to retrace from $8.44.
此前,RSI 突破 70.00,進入超買區域。這導致 DOT 的價格從 8.44 美元回撤。
Furthermore, the Moving Average Convergence Divergence (MACD) was positive, suggesting a bullish momentum.
此外,移動平均線收斂分歧(MACD)為正,顯示看漲勢頭。
Realistic or not, here’s DOT’s market cap in DOGE terms
不管現實與否,這是 DOT 以 DOGE 計算的市值
From the look of things, DOT’s price might pull back lower than $8. However, a quick return above the region remains an option.
從目前情況來看,DOT 的價格可能會回落至 8 美元以下。然而,快速返回該區域上方仍然是一種選擇。
If volatility around the cryptocurrency increases, then the price might climb toward $10 in the short term. If not, DOT might keep trading between $7.03 and $8.50.
如果加密貨幣的波動性增加,那麼價格可能會在短期內攀升至 10 美元。如果沒有,DOT 可能會繼續在 7.03 美元至 8.50 美元之間交易。